TVN 7.84% 5.5¢ tivan limited

more zinc hits, page-31

  1. 740 Posts.
    tng versus her
    I though TNG was 4-5% combined, most holes that is.

    Anyway to answer the HER question is:

    13,2 MT @ avg 13.3% ZN PLUS 7.9% PB....woooow

    Add to that Anjing Hitam which will probably be twice the size in tonnage.
    the latest dril hole was 25m @ 15.1% Zn and 7.7% Pb and previous one 16.9m @ 15.4% Zn & 8.2% Pb.
    Which is about 4-5 times higher than TNG
    As to the marketcap of $200M odd includes $100Mplus cash.
    So marketcap is truer to app $100M fully diluted.

    Noone expects, except Fedex, that HER will not be mining. Just a matter of time.

    Now...all that doesn't take anything away from TNG, although it is borderline grades, however just responding to Federal express.

    TNG grades all seem to be around 1-5% EQ, which is pretty cra,....py.

    Tubs
 
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